Summary: Wesfarmers is seen by some analysts as trading above its fair-value estimate, but remains a hold. Gold miner Newcrest is regarded as undervalued at current levels, while analysts rate GUD as a sell based on the tough market for household appliances.
Key take-out: At around $38, Wesfarmers’ shares are regarded as being quite expensive by the majority of analysts following the company.
Key beneficiaries: General investors. Category: Portfolio management.